For sale by Conditional Online Auction.
On behalf of Bluestone - Newport

DRAFT DETAILS. Awaiting vendor approval.

One bedroom flat sold with tenant in situ.

This property briefly comprises of an open plan modern kitchen/living area, one bedroom and bathroom.


This property is located in a quiet-cul-de-sac located in Somerton. The property offers a range of local amenities close by, including takeaway eateries, pubs, and the popular Beechwood Park. This property is also ideally close to Newport City Centre which plays host to a selection of shops, restaurants, and Newport Train Station. For those travelling out of the city, this property is also just a short drive away from the M4, ideal for those commuting to Cardiff or Bristol.

Note Length of lease: 125 years from 1984
Current ground rent: TBC
Ground rent review period: TBC
Current service charge: TBC
Service charge review period: TBC

This information should be clarified in the legal pack and we’ll update the information above when we receive it.
Living Area / Kitchen 14ft 7 x 11ft 11 (4.44m x 3.63m)
Bedroom 9ft 1 x 7ft 7 (2.77m x 2.31m)
Bathroom 5ft 1 x 5ft 10 (1.55m x 1.78m)
The bathroom features a bath with an electric shower overhead, and a white toilet.
Additional Room 5ft 1 x 4ft 6 (1.55m x 1.37m)
The bathroom is separated into two rooms, this room features a pedestal wash basin and space for more white goods and storage.
Note Please be advised that whilst our partner agent has conducted an inspection the auctioneers have not personally inspected the property. Prospective buyers are advised to make a viewing enquiry and any other necessary independent enquiries before placing their bid, as this will be binding.

Tenure: Leasehold

EPC Rating: D

Terms:
Auction Details:

The sale of this property will take place on the stated date by way of Timed Auction and is being sold as Conditional with Reservation Fee (England and Wales).

Contracts of sale will not be immediately exchanged. As the successful buyer, you will enter into a 40 business-day exclusivity agreement with the seller, in which to exchange contracts and complete. Please refer to our Auction Conduct Guide for further information on our auction types and sale methods.

All sales are subject to SDL Property Auctions’ Buyers Terms.

Auction Fees:

The following non- refundable auctioneers fee applies:

• Reservation Fee of 4.8% of the purchase price for properties sold for up to £250,000, or 3.6% of the purchase price for properties sold for over £250,000 (in all cases, subject to a minimum of £6,000 inc. VAT). For worked examples please refer to the Auction Conduct Guide.

The Reservation Fee does not contribute to the purchase price and will be considered as part of the chargeable consideration for the property in the calculation of stamp duty liability.

There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.

Additional Information:

For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.

This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack.

Guide Price & Reserve Price:

Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.

Bluestone